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Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
 Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent in 2010 through the expansion of existing mines.
Bayan, Indonesia's eighth-largest coal producer by volume, plans to produce 13.5 million tonnes of coal next year, up from a target of 9.5 million tonnes of coal this year, Alastair Mcleod, Bayan's chief financial officer, said.
"We started two new mines last year and two mines this year. All of those mines continue to expand," Mcleod told reporters on the sidelines of Coaltrans 3rd Coal Mining Operations & Economics in Jakarta.
The firm has eight mining companies with a total concession area of 81,265 hectares (200,800 acres).
Bayan produced 5.5 million tonnes of coal in the first half of this year, Mcleod said, and production for this year could top its target of 9.5 million tonnes.
The firm plans to boost its coal output to 20 million tonnes within the next five years, Mcleod said.
Bayan is also actively seeking buyers for its updgraded clean coal briquettes from its new plant.
"Our marketing strategy is to sell small lots to a wide variety of customers. We are looking at 20-25 customers. So when we expand to 5 million tonnes, we already have (a) customer base," he said.
Bayan has established a joint venture firm -- PT Kaltim Supacoal -- with a unit of Australia's White Energy Ltd to turn high moisture coal produced at Bayan's Tabang mine in East Kalimantan into a higher energy clean burning products using White Energy's technology for use in coal-fired power plants.
It has completed construction of its first coal upgrading plant and produced its first batch of upgraded clean coal briquettes in August at the plant, which has a capacity of 1 million tonnes per annum.
The firm plans to build another four plants between the first half of 2010 and the first half of 2012, which will boost the capacity to 5 million tonnes, Mcleod said.
In September, Bayan said it had appointed Standard Chartered Bank as a financial adviser for raising at least $150 million for the briquetted coal project.
Source: Reuters
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Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...
Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...
Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...
Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...
Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...
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- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Interocean Group of Companies - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
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